Question

A money lender find that due to a fall in the rate of interest from 13 % to 12.5%, his

yearly income diminished Rs. 104. His capital is

(a) 21400 (b) 20400 (c) 20800 (d) 25456​

Answer 1

Answer:

246000

Step-by-step explanation:

Let the capital be Rs. x. Then

100

x×8×1

−x

4

31

×

100

1

=615

or 32x−31x=61500×4

∴x=246000

Answer 2

Answer:

20800

Step-by-step explanation:

at a method of mind calculation